13 July 2023, 00:40 AM

Food storage project halfway though a decade has gone by

A government project aiming to enhance food security in Bangladesh has made less than 50 per cent progress even though nearly 10 years have passed since the Tk 3,569 crore initiative began in January 2014.
13 July 2023, 00:30 AM

Guardian Life, Community Bank ink group ins deal

Guardian Life Insurance Ltd and Community Bank Bangladesh Ltd have signed an agreement on group insurance.
12 July 2023, 18:00 PM

Tasty Treat earns A+ grade from BFSA

Tasty Treat, a fastfood retail brand of Pran-RFL Group, has achieved A+ grading from the Bangladesh Food Safety Authority (BFSA).
12 July 2023, 18:00 PM

Gold near 3-week high

Gold prices were firmer near three-week highs on Wednesday as investors held their breath ahead of the much anticipated US inflation data that could drive the Federal Reserve’s upcoming interest rate decisions.
12 July 2023, 18:00 PM

Time to revise investment plan

There is a certain limit for investments in particular areas to avail tax rebate benefits by individual taxpayers as per the Income Tax Act 2023. Tax rebate is important for taxpayers to reduce tax liabilities significantly and save money for financial security in the future.
12 July 2023, 18:00 PM

Danish firms propose $1.3b investment in wind energy

Copenhagen Infrastructure Partners (CIP) and Copenhagen Offshore Partners (COP) made the proposal
12 July 2023, 18:00 PM

Govt sets $72b export target for FY24

Of the targeted amount, $62 billion has been fixed for merchandise shipments
12 July 2023, 18:00 PM

BSEC chief got payments from bank account used for alleged fraud

Shibli Rubayat-Ul-Islam, chairman of the Bangladesh Securities and Exchange Commission (BSEC), allegedly received payments from a bank account linked to a multi-million-dollar fraud, according to a report of the Organized Crime and Corruption Reporting Project (OCCRP).
12 July 2023, 18:00 PM

A quarter of beneficiary owner accounts closed in two years

Around 6.56 lakh beneficiary owner (BO) accounts, which are needed to trade stocks, were closed over the last two years mainly due to a lacklustre condition of the primary and secondary markets of securities in the country. 
12 July 2023, 00:45 AM

Kathkachu farming bringing profit to farmers

Farmers in Bangladesh are pleased to be getting good yields and prices for kathkachu, a variety of taro root native to South Asia, as demand for the crop has risen this year.
12 July 2023, 00:30 AM

IT exports rising though growth decelerates

Information technology exports from Bangladesh grew in the July-April period of the just-concluded fiscal year on the bank of higher demand for IT-enabled services from global clients, official figures showed. 
12 July 2023, 00:20 AM

First Security Islami Bank opens 3 sub-branches

First Security Islami Bank Ltd yesterday launched three sub-branches in three different districts across the country.
11 July 2023, 18:00 PM

Pubali Bank signs deal with Rural Electrification Board

Pubali Bank Ltd and Bangladesh Rural Electrification Board (BREB) recently signed an agreement on collecting the latter’s postpaid electricity bill through Pubali Bank’s online/mobile banking app “PI” by using API.
11 July 2023, 18:00 PM

GP, AB Bank ink deal

AB Bank Ltd signed an agreement with leading mobile phone operator Grameenphone in an effort to bring the country’s unbanked population under the financial ecosystem.
11 July 2023, 18:00 PM

Sonali Bank opens counter for trade with rupee

Sonali Bank opened a special service counter and help desk in its local office as a designated bank of export-import trading in rupees between Bangladesh and India.
11 July 2023, 18:00 PM

Uttara Motors brings Suzuki Grand Vitara

Uttara Motors Limited, a distributor of Suzuki vehicles in Bangladesh, recently launched an all-new Suzuki Grand Vitara, a premium sport utility vehicle (SUV), with a tagline “The Legend Returns”.
11 July 2023, 18:00 PM

Agrani Bank awards 64 exporters

Agrani Bank has honoured 64 customers with an “Exporters Award 2022” for their contributions to the country’s exports and foreign exchange earnings. 
11 July 2023, 18:00 PM

Scanty rains diminish India’s sugar output, export prospects

Sugarcane growers in India’s top producing states are worried scanty rainfall during the crop’s crucial growth period could trim yields and reduce sugar output in the upcoming season, farmers and industry sources told Reuters.
11 July 2023, 18:00 PM

Chambers urge govt to seek extension of Black Sea grain deal

Six major business chambers in Bangladesh yesterday urged the government to pursue a further extension of an international deal to help keep the grain supply smooth at home and abroad.
11 July 2023, 18:00 PM